At ARC Advisory Group's recent India Forum in Bangalore, experts from the power industry deliberated on the importance of effective information management to improve integration between plant control systems and business applications, thus enabling organizations to achieve better results. Discussions covered automated and networked as-sets/processes monitored via a centralized monitoring system, and in-formation-driven plant lifecycle management.
With today's increasing data flows, business analytics and intelligence has become the game changer for the power industry. Power companies are now progressively leaning towards an "information-driven" business model. In this context, executives from leading Indian power companies, NTPC and Reliance Power, shared their experiences.
Arundhati Bhattacharya, General Manager NTPC, spoke about information-driven business processes. Sanil Namboodiripad, VP (Operations) from Reliance Power elaborated on integrating plant control systems with business applications.
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Keywords: Automation Trends, Big Data , Business Analytics, Centralized Monitoring, Control Systems, Enterprise IT systems, Energy Management Systems, ERP, Internet of Things (IoT), Predictive Diagnostics, Remote Monitoring.